I was at work today, and remember the part where I work at an ungodly hour of the day?  Anyway, I was talking with a coworker about this bailout.  He solved the problem, and I'm taking credit for it on this site. 

If the government is so keen on spendign 700 billion dollars, why not divide it up between every. single. taxpaying. citizen. over. eighteen?

Divided all out, that's about...oh...300,000 per person in America.  However, you have to add some stings otherwise it'll just give people an excuse to buy even more out of their means.

If you have a mortgage, the money needs to go towards paying it off.  The money given to you by the government should first be used to get you out of debt.  Then, spend it how you want it.  By having this one string attached, the mortgage crisis would absolve, and talk about economic stimulus if you don't have one, like me!!!!

With 300.000, I could...pay for school, get my car fixed, buy a modest home, and put the rest in an IRA with a healthy interest rate so that I have plenty when I retire!  And then go to Disneyland.  Because I love Disneyland.

I think it's a grand idea.